Wednesday, Apr 24 2024 | Time 17:30 Hrs(IST)
image
Business EconomyPosted at: May 31 2015 1:49PM


HOPCOMS will soon open Supermarket-Type outlet in City

By B S Prabhurajan Mysuru, May 31(UNI) Horticultural Producers’ Co-operative Marketing and Processing Society (HOPCOMS), Mysuru, will soon open a supermarket-type outlet at Alanahalli near Lalitha Mahal Palace in the city. HOPCOMS president Boregowda said the modern outlet, modelled on the lines of its main outlet near the city bus stand, will provide farm-fresh fruits, vegetables and fresh juice to customers. Work on the outlet is nearing completion. It should be open in about two months, Mr Boregowda said. There is ample space for parking at the outlet, which is coming up on two acres of land. There will a procurement centre and fruit-ripening facility. HOPCOMS, Mysuru, which got out of the red a decade ago, is making profits. This helps pay bonus to the employees, Mr Boregowda said. With a view to help consumers who visit the outlets, HOPCOMS will soon erect electronic display boards with a price list of commodities at each of the 43 outlets in the city. Plans are also afoot to develop a website, where consumers can check and compare the price of commodities. Meanwhile, HOPCOMS Managing Director B C Anand said the society, which made a profit of Rs 4.3 lakh last month, is planning to introduce RTGS (Real-time Gross Settlement) facility for farmers who supply fruits and vegetables. ''At present, we are paying account payee cheques to the farmers. With RTGS, the society will credit the farmers’ dues directly to their bank accounts. We will only have to ensure that the banks in which the farmers have their accounts have the RTGS facility,'' Mr Anand said. ''Apart from developing a website, HOPCOMS is planning to introduce an interactive voice response system to facilitate consumers to know the prices of commodities over phone. We have a limited number of telephone lines, which we use to interact with farmers and consumers. We will have to ramp up our services, '' he said. HOPCOMS will be setting up two wine boutiques in the city. While one is expected to come up at its proposed outlet at Alanahalli near Lalitha Mahal Palace, the other one is proposed at Thonachikoppal. ''We have already written to the Excise Department and are expecting permission to be given soon,'' said Mr Boregowda. Karnataka State Wine Board Managing Director B Krishna said that there were a total of 239 wine boutiques in the State. The proposed wine boutiques to be set up by HOPCOMS will be the first in Mysuru district. As part of its wine policy, the government will give permission for setting-up wine boutiques to applicants having 200 sq. feet of area for a fee of Rs.1,000, he said. UNI BSP SV SB 1349
Please log in to get detailed story.
Tags: #HOPCOMS will soon open Supermarket-Type outlet in City
More News

Sensex advances 114 49 pts

24 Apr 2024 | 5:06 PM

Mumbai, Apr 24 (UNI) Extending gains for the fourth consecutive session on Wednesday, the BSE Sensex went up 114.49 pts to close high at 73,852.94 following gains in Commodities, Metal, Industrials and Health Care stocks.

see more..

Rupee advances 2 paise against USD

24 Apr 2024 | 5:05 PM

Mumbai, Apr 24 (UNI) The Rupee remained strong on Wednesday as it added two paise gains to close at 83.32 against the USD on selling US Dollar by bankers and exporters, dealers at the Foreign exchange said.

see more..
RBI issue Master Direction for ARCs; minimum Net Owned Fund set at Rs 300 cr

RBI issue Master Direction for ARCs; minimum Net Owned Fund set at Rs 300 cr

24 Apr 2024 | 4:58 PM

Mumbai, April 24 (UNI) Underlining its critical role in resolution of stressed financial assets of banks and financial institutions, the Reserve Bank of India (RBI) on Wednesday issued Master Directions for the Asset Reconstruction Companies (ARCs) and fixed minimum net owned fund (NOF) of Rs 300 crore to commence the business of securitisation or asset reconstruction.

see more..

mjunction joins ONDC Network

24 Apr 2024 | 3:49 PM

Kolkata, Apr 24 (UNI) mjvaluemart, mjunction’s online marketplace for the sale of unused surplus MRO spares, has joined the Open Network for Digital Commerce (ONDC).

see more..

Mahindra Tractors crosses milestone by selling 40 lakh tractor units

24 Apr 2024 | 3:46 PM

Kolkata, Apr 24 (UNI) Mahindra Tractors, part of the Mahindra Group and the world’s largest tractor manufacturer by volume, has achieved a milestone by selling the brands 40th Lakh tractor, inclusive of exports in March 2024.

see more..
image